Nearly ten years ago, Jim O'Neill coined the acronym BRICs-standing for Brazil, Russia, India, and China-to represent the four emerging economies with a potentially vast influence on the global economy. In 2005, Goldman Sachs introduced the concept of the "Next 11" ("N-11") as a simple description to bracket the eleven most populous countries beyond the BRICs and to see if they, collectively or individually, might have BRIC-like potential. In 2011, most of the positive momentum behind the world economy is being driven by the majority of these 15 countries. To describe many of these countries as "Emerging Markets" no longer seems appropriate.

The group chief economist of HSBC on why emerging markets are posing a new threat to Western prosperity.

18 months into the worst financial crisis since the 1930s, which countries seem to have made the grade? And how have they done so? Thomas Mirow is president of the European Bank for Reconstruction Development. He took up this position on 3 July 2008. The EBRD Board of Governors nominated Mr Mirow on 19 May 2008 to replace Jean Lemierre as President of the EBRD.

Jim O'Neill, head of global economic research at Goldman Sachs, talks to Romesh Vaitilingam about the crisis and its impact on the emerging giants of the world economy, the BRICs (Brazil, Russia, India and China).

Los mercados emergentes contarán para casi todos en el crecimiento futuro del mundo de la industria automovilística en los próximos 20 años, dice Mateo Symonds, editor de The Economist para la industria de automoción.

Los mercados emergentes, que han crecido tanto en los últimos años, también están sufriendo las consecuencias de la crisis financiera actual. Sus divisas están perdiendo valor, dificultando la devolución de la deuda externa. Europa Central, Ucrania y Corea del Sur son regiones especialmente preocupantes.

Entrevista a Hal Sirkin, senior partner y managing director en Boston Consulting Group, coautor junto con Jim Hemerling y Arindam Bhattacharya del libro "Globality: Competing with everyone form everywhere for everything".

El índice MSCI de mercados emergentes ha perdido la cuarta parte de su valor en los últimos 3 meses, fundamentalmente por miedo al riesgo, espoleado por la crisis financiera norteamericana, y el alza del dólar frente al euro y la libra, lo que tradicionalmente ha perjudicado a los mercados emergentes. Pero, ¿qué está ocurriendo realmente? ¿dejarán los mercados emergentes de ser un refugio seguro?